Plan Ledger DOL Form 5500 · updated monthly

Opus Ivs, Inc.401(k)

OPUS IVS 401(K) PROFIT SHARING PLAN · DEXTER, MI · plan year 2024

Reported admin expense ratio · 2024
0.29%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Opus Ivs, Inc. reported $48,692 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $2,926 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.36% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,090th-largest of 2,619 plans among Michigan employers on file, and the 5,806th of 11,654 in professional & technical services. In 2024, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,581,435
Participants with balances347
Active participants278
Employer contributions$813,544
Employee contributions$1,664,446
Employer contribution per active participant$2,926
Average account balance$53,549
Benefits paid to participants$1,361,316
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$18.6M · 347 accts · $814K emplr
2022$11.3M · 287 accts · $661K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,613
Investment management$40,079
Total administrative$48,692
The Opus Ivs, Inc. 401(k) match · 2024
Employer contribution per active participant$2,926
Median for plans this size$2,416
2024$2,926 per active participant
2022$2,742 per active participant

Opus Ivs, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
M HOLDINGS SECURITIES INC · Investment advisory (plan)$40,079

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$48,692 · 0.29%
2022$42,611 · 0.36%
Same employer
Similar plansProfessional & Technical Services · Michigan
Kunz Leigh, & Associates MI$19.8M · 0.36%
Spendmend, LLC MI$19.6M · 0.54%
Soar Technology Inc MI$19.0M · 0.38%
Bb&E, Inc. MI$18.2M · 0.27%
Lintech Global Inc. MI$17.8M · 0.37%
Trott Law, P.C. MI$17.4M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272858452 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.